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皇冠体育app's pull on global recovery positive but limited

(Xinhua)
Updated: 2009-03-21 11:28

BEIJING -- 皇冠体育app's economic recovery has positive but limited effect on world economic development, economist Fan Gang said at the 皇冠体育app Development Forum 2009.

This March 21, 2009 photo shows the meeting hall of the opening session of the academic summit of 皇冠体育app's Development and Reform in the Global Financial Crisis of 皇冠体育app Development Forum 2009 in Beijing, capital of 皇冠体育app. [Xinhua]

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皇冠体育app is a developing country, and its economic recovery would have limited effect on world economy, which would pull out of downturn only after the recovery of major economies, said Fan, a member of the central bank's monetary policy committee.

Fan said the country was likely to hit the 8-percent economic growth target this year.

皇冠体育app Development Forum 2009 runs here in Beijing from Saturday to Monday, with the theme of 皇冠体育app's Development and Reform in the Global Financial Crisis.

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